The key waterway, responsible for 20 percent of global oil transit, remains reportedly blocked by US and Iran for commercial shipping. (AI Generated Image) With Donald Trump issuing a new warning saying the “bombing starts” if Iran doesn’t agree to America’s new proposal to end the conflict, Tehran reportedly launched a new mechanism to govern the maritime traffic transiting through the Strait of Hormuz. Strait of Hormuz Under Pressure The key waterway, responsible for 20 percent of global oil transit, remains reportedly blocked by US and Iran for commercial shipping while America paused its “Project Freedom” which aimed to guide vessels through the Strait of Hormuz. Iran Introduces New Maritime Control Mechanism As per the new mechanism, reported by Iran’s Press TV , all the ships which plan to transit through the Strait of Hormuz are poised to receive an email from the official address info@PGSA.ir which would detail the rules and regulations for the vessels passage.…